Provide independent oversight and assurance over the bank's Operational and Fraud Risk management frameworks, ensuring compliance with regulatory requirements and internal policies. * Lead risk ...
Provide independent oversight and assurance over the bank's Operational and Fraud Risk management frameworks, ensuring compliance with regulatory requirements and internal policies. * Lead risk ...
Provide independent oversight and assurance over the bank's Operational and Fraud Risk management frameworks, ensuring compliance with regulatory requirements and internal policies. * Lead risk ...
Provide independent oversight and assurance over the bank's Operational and Fraud Risk management frameworks, ensuring compliance with regulatory requirements and internal policies. * Lead risk ...
Compliance and Operational Risk Senior Advisor (Hybrid - See Job Description for Listed Locations)
Wilmington, DE · On-site
Consult with senior managers of business units on complex compliance and operational risk matters. * May assist in oversight of state, federal, domestic and possibly international regulator ...
Compliance and Operational Risk Senior Advisor (Hybrid - See Job Description for Listed Locations)
Wilmington, DE · On-site
Consult with senior managers of business units on complex compliance and operational risk matters. * May assist in oversight of state, federal, domestic and possibly international regulator ...
Compliance and Operational Risk Senior Advisor (Hybrid - See Job Description for Listed Locations)
Wilmington, DE · Hybrid
Consult with senior managers of business units on complex compliance and operational risk matters. * May assist in oversight of state, federal, domestic and possibly international regulator ...
Compliance and Operational Risk Senior Advisor (Hybrid - See Job Description for Listed Locations)
Wilmington, DE · Hybrid
Consult with senior managers of business units on complex compliance and operational risk matters. * May assist in oversight of state, federal, domestic and possibly international regulator ...
Business Risk Manager III
Wilmington, DE · On-site
$141.80K - $236.40K/yr
Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance. * Exercise usual authority of a manager concerning staffing ...
Business Risk Manager III
Wilmington, DE · On-site
$141.80K - $236.40K/yr
Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance. * Exercise usual authority of a manager concerning staffing ...
Risk Manager - Insurance
$110K - $145K/yr
Risk Manager - Insurance Fully Remote: applicants in Eastern or Central Time Zone Supporting ... Analyze loss history, operations, and contractual obligations to determine coverage requirements ...
Risk Manager - Insurance
$110K - $145K/yr
Risk Manager - Insurance Fully Remote: applicants in Eastern or Central Time Zone Supporting ... Analyze loss history, operations, and contractual obligations to determine coverage requirements ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Dover, DE · Hybrid
$83K - $112.40K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Dover, DE · Hybrid
$83K - $112.40K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Dover, DE · Hybrid
$83K - $112.40K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Dover, DE · Hybrid
$83K - $112.40K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Wilmington, DE · Hybrid
$80.50K - $109.20K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Wilmington, DE · Hybrid
$80.50K - $109.20K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Wilmington, DE · Hybrid
$80.50K - $109.20K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Wilmington, DE · Hybrid
$80.50K - $109.20K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Wilmington, DE · Hybrid
$80.50K - $109.20K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Business Analysis Manager - Industrial EHS / ORM Domain Expert
Wilmington, DE · Hybrid
$80.50K - $109.20K/yr
... Management (ORM) solutions, supporting organizations in building safer, more compliant, and more ... The Senior Enablon EHS & Operational Risk Analyst/Consultant is a hands-on functional expert ...
Risk Manager I (US)
Wilmington, DE · On-site
$91K - $145.60K/yr
Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...
Risk Manager I (US)
Wilmington, DE · On-site
$91K - $145.60K/yr
Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...
Each operational function sitting within the T&O are aligned with clients, products, fund ... The team proactively works across the operating platform to drive consistent global risk management ...
Each operational function sitting within the T&O are aligned with clients, products, fund ... The team proactively works across the operating platform to drive consistent global risk management ...
Risk Manager I (US)
Wilmington, DE · On-site
$91K - $145.60K/yr
Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...
Risk Manager I (US)
Wilmington, DE · On-site
$91K - $145.60K/yr
Risk Management .The Risk Manager I manages the creation, implementation and validation of various ... operational efficiencies including potentially leading special project teams or cross functional ...
As a Compliance Risk Management Director within the Compliance, Conduct and Operational Risk (CCOR) organization, you will lead the design and execution of the Risk Management and Compliance (RM&C ...
As a Compliance Risk Management Director within the Compliance, Conduct and Operational Risk (CCOR) organization, you will lead the design and execution of the Risk Management and Compliance (RM&C ...
As a Compliance Risk Management Director within the Compliance, Conduct and Operational Risk (CCOR) organization, you will lead the design and execution of the Risk Management and Compliance (RM&C ...
As a Compliance Risk Management Director within the Compliance, Conduct and Operational Risk (CCOR) organization, you will lead the design and execution of the Risk Management and Compliance (RM&C ...
Compliance Risk Management Director - Executive Director
Wilmington, DE · On-site
$175.75K - $260K/yr
As a Compliance Risk Management Director within the Compliance, Conduct and Operational Risk (CCOR) organization, you will lead the design and execution of the Risk Management and Compliance (RM&C ...
Compliance Risk Management Director - Executive Director
Wilmington, DE · On-site
$175.75K - $260K/yr
As a Compliance Risk Management Director within the Compliance, Conduct and Operational Risk (CCOR) organization, you will lead the design and execution of the Risk Management and Compliance (RM&C ...
Wealth ERM Risk Analyst
Wilmington, DE · On-site
$77.39K - $127.14K/yr
Collaborate with Operational Risk Management and ERM Associates, as needed, to share Wealth knowledge and insight. Minimum Qualifications : * Must have a Bachelor's degree in Business Administration ...
Wealth ERM Risk Analyst
Wilmington, DE · On-site
$77.39K - $127.14K/yr
Collaborate with Operational Risk Management and ERM Associates, as needed, to share Wealth knowledge and insight. Minimum Qualifications : * Must have a Bachelor's degree in Business Administration ...
Wealth ERM Risk Analyst
$77.39K - $127.14K/yr
Collaborate with Operational Risk Management and ERM Associates, as needed, to share Wealth knowledge and insight. Minimum Qualifications : * Must have a Bachelor's degree in Business Administration ...
Wealth ERM Risk Analyst
$77.39K - $127.14K/yr
Collaborate with Operational Risk Management and ERM Associates, as needed, to share Wealth knowledge and insight. Minimum Qualifications : * Must have a Bachelor's degree in Business Administration ...
Must stay up to date and knowledgeable on ERM and Operational Risk Management (ORM) Policy/Program, practices, and current and emerging internal and external risks to the organization. * Knowledge of ...
Must stay up to date and knowledgeable on ERM and Operational Risk Management (ORM) Policy/Program, practices, and current and emerging internal and external risks to the organization. * Knowledge of ...
Operational Risk Manager information
See Delaware salary details
$47K - $64.3K
5% of jobs
$74.8K is the 25th percentile. Wages below this are outliers.
$64.3K - $81.6K
33% of jobs
The median wage is $96.9K / yr.
$81.6K - $98.9K
14% of jobs
$98.9K - $116.2K
14% of jobs
$116.2K - $133.5K
5% of jobs
$145.7K is the 75th percentile. Wages above this are outliers.
$133.5K - $150.8K
6% of jobs
$150.8K - $168.1K
7% of jobs
$168.1K - $185.3K
5% of jobs
$185.3K - $202.6K
2% of jobs
$202.6K - $219.9K
8% of jobs
$219.9K - $237.2K
0% of jobs
$47K
$120.8K
$237.2K
How much do operational risk manager jobs pay per year?
What Does an Operational Risk Manager Do?
An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.
What are the key skills and qualifications needed to thrive as an Operational Risk Manager, and why are they important?
What are some common challenges faced by Operational Risk Managers in maintaining effective risk controls across different departments?
What is the difference between Operational Risk Manager vs Risk Analyst?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze risk data, support risk assessments, prepare reports |
The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 23 days ago
Job description
2nd LOD Fraud Risk Management is seeking to hire a Head of External and Internal Fraud Risk who will be working closely with Business and Cluster Operational and Fraud Risk Officers in dispensing their key External and Internal Fraud risk oversight responsibilities to ensure well- coordinated risk assessments, risk identification, measurement/monitoring and timely remediation of key gaps including appropriate enterprise-level aggregation of the risks.
This role is part of the Second Line of Defence (2LOD) and is critical in providing independent oversight, assurance, and effective challenge to the bank's Operational & Fraud Risk management activities. The ideal candidate will have a deep understanding of Fraud, Operational & compliance risks within the banking / payments industry, strong analytical skills, ability to influence and collaborate with stakeholders across the organization and lead a team of dedicated resources in managing various facets of Fraud & Operational Risks. Key responsibilities include identifying, assessing, and mitigating operational & fraud risks, ensuring compliance with regulations and internal policies, and providing strategic guidance on various risk management initiatives.
Key Responsibilities
- Provide independent oversight and assurance over the bank's Operational and Fraud Risk management frameworks, ensuring compliance with regulatory requirements and internal policies.
- Lead risk assessments and reviews of business units to identify, assess, and monitor fraud and operational risks, specifically focused on Cards, Retail Lending & Payments, Investments, Institutional Payments and Internal Fraud Risk.
- In partnership with the 1LOD Enterprise Risk and Control function owner, provide the Business with operational risk guidance and advice through proactive engagement in strategic business initiatives / transactions and large remediation efforts.
- Review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the First Line of Defence (1LOD).
- Lead strategic planning sessions devising comprehensive plans that align with the organization's goals & objectives.
- Represent the fraud & operational risk function with Regional & Business Executives to ensure appropriate levels of investment are made in controls, in relation to business product direction and emerging threats.
- Where necessary, conduct independent second line risk assessments (e.g., reviewing significant control breaks that impact multiple risk categories, lessons learned and near misses) and root cause assessments (e.g., reviewing themes of issues across multiple businesses/ clusters).
- In partnership with Business/ Cluster risk officers, approve significant exceptions to the Global Operational Risk Policy for the risk category and the Enterprise Fraud Risk Management Policy, and conduct periodic review of exceptions/ waivers. Escalate significant or unaddressed risk issues and control environment concerns to BRCC and other governance forums as well as to Risk leadership.
Management and Leadership Characteristics:
- Broad experience in risk management including a successful track record of managing complex risk management programs at a financial services, fintech or a payments organization.
- Business understanding of the consumer lending, wealth management and Payment products that Citi offers and how risk management practices contribute to other work across Citi / understand downstream impacts of decisions made
- Strong leadership skills with a proven track record of working with a diverse range of skill sets and perspectives, recognizing that the power of Citi is the sum of its parts
- Outstanding communication and influencing skills through all levels of the organization, with the ability to articulate & present complex risk concepts.
- Ability to constructively challenge others at all levels and across boundaries to deliver better results.
- Continuous improvement mind-set to solve for root causes, assess impact of actions and adjust as needed; simplify and standardize at every opportunity.
- Strong regulatory engagement/ communication skills.
Education, Knowledge and Experience Qualifications:
- A seasoned risk professional with 15+ years Fraud or Operational Risk Management expertise in Banking, Payments, or Fintech arena.
- Established Fraud subject matter expertise with deep understanding of External Fraud & Internal Fraud, and the ability to work with other financial crime disciplines.
- Proven record of delivering tangible outcomes in Fraud & Operational Risk management, demonstrating ability to apply expertise effectively & drive meaningful results.
- Excellent problem solving and interpersonal skills with flexibility to navigate dynamic business environments.
- Ability to think strategically & develop long-term risk management plans and solutions.
- Master's Degree/specialized training in operational risk management and / or payments, engineering related fields highly preferred
Job Family Group:
Risk Management
Job Family:
Operational Risk
Time Type:
Full time
Primary Location:
Wilmington Delaware United States
Primary Location Full Time Salary Range:
$250,000.00 - $500,000.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Analytical Thinking, Control Monitoring, Credible Challenge, Governance, Issue Management, Operational Risk, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Aug 18, 2025
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